The IRS has issued a preliminary draft of a dramatically shorter application for tax exemption of charitable organizations. If this draft is eventually approved by the IRS and made available for public use, it would greatly simplify the process for gaining IRS...

Beginning in 2007, Form 5227 was revised to incorporate the Form 1041-A filing requirement for split-interest trusts described in section 4947(a)(2). Beginning with 2007, charitable remainder trusts, charitable lead trusts, and pooled income funds are no longer...

In response to changes brought about by The Pension Protection Act of 2006, the Service has issued a substantially revised Form 5227, Split-Interest Trust Information Return, for reporting by charitable remainder trusts, pooled income funds, charitable lead trusts for...